4//SEC Filing
Bohls John M 4
Accession 0001127602-12-004734
CIK 0001096385other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 5:27 PM ET
Size
6.2 KB
Accession
0001127602-12-004734
Insider Transaction Report
Form 4
VECTREN CORPVVC
Bohls John M
President, Vectren Enterprises
Transactions
- Other
Phantom Stock
2012-02-06−10,151.626→ 3,848.374 totalExercise: $0.00→ Common Stock (10,151.626 underlying)
Footnotes (2)
- [F1]This represents the net effect of the accumulation of dividends and the performance adjustment relating to the January 1, 2009 grant under the Vectren Corporation At Risk Compensation Plan. This grant is exempt under Section 16b-3 and was previously approved by the Board of Directors. This grant is subject to forfeiture as provided under the plan.
- [F2]The Stock Unit Award was acquired pursuant to the Vectren Corporation At-Risk Compensation Plan and is subject to forfeiture as provided by the plan. The lifting of restrictions and forfeitability provisions are dependent upon performance during a measuring period from 1/1/09 through 12/31/11 and continued employment until 12/31/12. Upon lifting of restrictions, Grantee shall be paid, for each Stock Unit Award, in cash, the Fair Market Value of one share of common stock on the date restrictions lapse, provided Grantee is in compliance with share ownership guidelines established by the board of directors. If Grantee is not in compliance with share ownership guidelines, the value of each Stock Unit Award shall be paid in unrestricted Vectren common stock. The board of directors approved the acquisition in accordance with Rule 16b-3(d). Given the performance-based nature of the award, it is possible that this award is not a derivative security and may not be reportable.
Documents
Issuer
VECTREN CORP
CIK 0001096385
Entity typeother
Related Parties
1- filerCIK 0001492481
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 5:27 PM ET
- Size
- 6.2 KB